PIKQF (PT Indah Kiat Pulp & Paper Tbk) Shiller PE Ratio: 4.82 (As of Aug. 22, 2026) — 42% Below Median

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PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
96 GF Score
Price $0.53
GF Value $0.58
! 4 Warning Signs
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What is PT Indah Kiat Pulp & Paper Tbk Shiller PE Ratio?

PT Indah Kiat Pulp & Paper Tbk PIKQF 96 Shiller PE Ratio is 4.82 as of Aug. 22, 2026, which is 42% below its 10-year median of 8.31. GuruFocus rates PIKQF with a GF Score™ of 96/100 and a GF Value™ of $0.58. The stock has 4 warning signs investors should review. Among 189 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks better than 85.19% on this metric.

As of today (2026-08-22), PT Indah Kiat Pulp & Paper Tbk's current share price is $0.5305. PT Indah Kiat Pulp & Paper Tbk's E10 for the quarter that ended in Jun. 2026 was $0.11. PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio for today is 4.82.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio or its related term are showing as below:

PIKQF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.74   Med: 8.31   Max: 21.56
Current: 5.72

During the past years, PT Indah Kiat Pulp & Paper Tbk's highest Shiller PE Ratio was 21.56. The lowest was 3.74. And the median was 8.31.

PIKQF's Shiller PE Ratio is ranked better than
85.19% of 189 companies
in the Forest Products industry
Industry Median: 11.65 vs PIKQF: 5.72

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PT Indah Kiat Pulp & Paper Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indah Kiat Pulp & Paper Tbk  (OTCPK:PIKQF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


PT Indah Kiat Pulp & Paper Tbk Shiller PE Ratio Related Terms


PT Indah Kiat Pulp & Paper Tbk Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Indah Kiat Pulp & Paper Tbk Shiller PE Ratio Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.75 8.14 7.23 5.41 6.26

PT Indah Kiat Pulp & Paper Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.46 5.58 6.26 7.20 4.76

PT Indah Kiat Pulp & Paper Tbk Shiller PE Ratio Competitor Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Indah Kiat Pulp & Paper Tbk Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio falls into.


PIKQF
96GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indah Kiat Pulp & Paper Tbk Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.5305/0.11
=4.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Indah Kiat Pulp & Paper Tbk's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Indah Kiat Pulp & Paper Tbk's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.04/137.6954*137.6954
=0.040

Current CPI (Jun. 2026) = 137.6954.

PT Indah Kiat Pulp & Paper Tbk Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.009 104.142 0.012
201612 0.019 105.222 0.025
201703 0.016 106.476 0.021
201706 0.016 107.722 0.020
201709 0.021 108.020 0.027
201712 0.023 109.017 0.029
201803 0.028 110.097 0.035
201806 0.034 111.085 0.042
201809 0.032 111.135 0.040
201812 0.013 112.430 0.016
201903 0.013 112.829 0.016
201906 0.013 114.730 0.016
201909 0.017 114.905 0.020
201912 0.007 115.486 0.008
202003 0.033 116.252 0.039
202006 0.004 116.630 0.005
202009 0.015 116.397 0.018
202012 0.001 117.318 0.001
202103 0.025 117.840 0.029
202106 0.026 118.184 0.030
202109 0.020 118.262 0.023
202112 0.025 119.516 0.029
202203 0.032 120.948 0.036
202206 0.040 123.322 0.045
202209 0.046 125.298 0.051
202212 0.038 126.098 0.041
202303 0.024 126.953 0.026
202306 0.025 127.663 0.027
202309 0.010 128.151 0.011
202312 0.017 129.395 0.018
202403 0.024 130.607 0.025
202406 0.027 130.792 0.028
202409 -0.010 130.361 -0.011
202412 0.036 131.432 0.038
202503 0.026 131.948 0.027
202506 0.004 133.241 0.004
202509 0.030 133.819 0.031
202512 0.023 135.271 0.023
202603 0.029 136.539 0.029
202606 0.040 137.695 0.040

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 4.82 mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Shiller PE Ratio of 4.82 as of Aug. 22, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PT Indah Kiat Pulp & Paper Tbk and its competitors. This is 42% below median its historical median of 8.31. Over the past decade, PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio has ranged from 3.74 to 21.56. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #28 out of 189 companies in the Forest Products industry, placing it in the top 14.8%.
Is PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio too high?
PT Indah Kiat Pulp & Paper Tbk's current Shiller PE Ratio of 4.82 is 42% below median its 10-year median of 8.31. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 21.56. The Forest Products industry median Shiller PE Ratio is 11.65. PT Indah Kiat Pulp & Paper Tbk's value of 4.82 is 58.6% below this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #28 out of 189 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Shiller PE Ratio compare to competitors?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #28 out of 189 companies for Shiller PE Ratio. This places PT Indah Kiat Pulp & Paper Tbk in the top 15% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 11.65. PT Indah Kiat Pulp & Paper Tbk's value of 4.82 is 58.6% below this benchmark. Historically, PT Indah Kiat Pulp & Paper Tbk's own Shiller PE Ratio has ranged from 3.74 to 21.56 over the past decade. While the company's 10-year median is 8.31 vs. the industry median of 11.65, PT Indah Kiat Pulp & Paper Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Forest Products company?
The median Shiller PE Ratio among Forest Products companies is 11.65, based on 189 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Indah Kiat Pulp & Paper Tbk's current Shiller PE Ratio of 4.82 is 58.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PT Indah Kiat Pulp & Paper Tbk and its competitors. For the Forest Products industry, the median Shiller PE Ratio is 11.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indah Kiat Pulp & Paper Tbk's current Shiller PE Ratio is 4.82, which is 42% below median its own 10-year median of 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Shiller PE Ratio of 4.82. The stock's GF Value™ is $0.58, compared to a current price of $0.53 — trading 8.5% below its estimated fair value. The current Shiller PE Ratio is 4.82, which is 42% below median its 10-year median of 8.31 and 58.6% below the Forest Products industry median of 11.65. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For PT Indah Kiat Pulp & Paper Tbk (PIKQF), the current Shiller PE Ratio is 4.82 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 8.5% below its estimated GF Value™ of $0.58.

Key valuation signals for PIKQF:

  • Shiller PE Ratio: 4.82 (42% below median its 10-year median of 8.31)
  • GF Value™: $0.58 vs. price of $0.53 (8.5% below fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 58.6% below the Forest Products median (#28 of 189)

No single metric tells the full story. See the PIKQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
96GF Score

Get the complete analysis for PIKQF

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.53
Price
$0.58
GF Value